Gaming Fund Gambles on New Advisor

By Lori Pizzani

March 25, 2007

As it approaches its first birthday, the Gaming and Casino Fund, now managed by Ahrens Advisors of Dallas, is ready to welcome a brand new parent. This week, Ladenburg Thalmann Asset Management, a division of Ladenburg Thalmann of New York, the sixth-oldest firm on the New York Stock Exchange, will officially adopt the fund and become the investment advisor of the small, sector fund with assets hovering at $3 million. The multi-cap fund narrowly invests in casinos, gaming manufacturers, lottery firms and electronic/video gaming companies.

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